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109 Beck Ln
Lafayette, IN 47909

$4,600,000 USD

Supermarket For Sale  •  41,200 SF

Property Details

  • Property Type Supermarket
  • Total Building Size 41,200 SF
  • Lot Size 8.54 AC
  • Building Class B
  • Year Built 2004
  • Tenancy Multiple
  • Zoning General Business
26 Transit Score
43 Walk Score

Highlights

Value-Add Opportunity | 19% Current Vacancy Creates Upside through Leasing
Low Cost PSF / Below Replacement Cost | $112 PSF for Shops
High Cash-On-Cash Return Investment | 9.23% - current cash-on-cash with potentially building to over 14.05% in 2 years
Strong National Tenant Line-Up | Grocery / Kroger (NAP) Shadow Anchored, Dollar Tree, Papa John’s, Subway, Edward Jones, Cato, And Rent-A-Center
Strong Demographic Trade Area | Over 127,000 People / 5-Miles
Close Proximity To Purdue University

Amenities

  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Lafayette Amtrak Station (Cardinal - Amtrak) 6 min - 2.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 208
Type: Surface
Included in Rent: Yes
Jeff Conover 949-221-1810 Faris Lee Investments
Jeff Conover 949-221-1810 Faris Lee Investments